Sentinus Enterprises LLC
on November 12, 2024
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Why is #Bitcoin on a #bullrun right now?
There isn't any actual economic support for it other than the post-Trump win market rallies that were already predicted.
Is this concerning? It should be!
Every single professional advisor I know who has been actively investing across the stock, bond, precious metal, and crypto markets are expecting a large #marketcorrection before the end of 2024. This includes the valuation of Bitcoin plummeting to below $50k or lower.
Their advice has been "keep your powder dry" until well after January 20, 2025.
They are basing this on several things that too many "economic pundits" are currently ignoring.
The first is the "lame duck" Congress. There are simply too many signs of Democrats, RINOs and other Uniparty politicians and bureaucrats willing to pull shenanigans to derail Trump's economic agenda BEFORE he can even be sworn into office.
Their second concern is that there could be a major conflict started by either the CCP or Iran. For the CCP it would be due to their worsening domestic economy and with Iran it would likely be due to Hamas loosing ground with formerly "sympathetic" nations in the region pushing them into direct action.
Finally, and something I was not expecting them to admit, is that the current "bull run" with Bitcoin is actually part of an effort by central banks and international investment groups to "test" their ability to "manipulate" crypto markets and especially Bitcoin for their own advantage.
Much like you can find happening in the stock, commodities, and precious metals markets it is an effort to either inflate or crash the valuation based on their overall market goals.
Essentially the goal is to either force out "weak" investors or pull in as many as possible to drive up valuation to a specific level then selling to take profit but framing it as something else to drive "panic selling" and crashing the valuation before buying back in "on the cheap" and driving the valuation up all over again. Then repeating the cycle over and over again as much as possible.
There have been rumors about this happening with the crypto market in the past, but nothing ever ended up being confirmed.
The main "signal" they said would show this was what is happening is if Bitcoin's market cap exceeded Silver. Well that has happened.
The next "signal" is Bitcoin valuation getting "close" to $100k. That is supposedly when you are supposedly going to see a "massive sell off" by Bitcoin "whales" and larger investment firms. It will obviously alarm most "retail" and novice investors causing a sharp decline in the valuation. We have seen this before so there is no reason to not expect it again.
This could all be wrong, but isn't it better to be prepared than caught short and manipulated by the central banks and international investment firms?
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